Lanco Infratech Shares

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  Punjab & Sind Bank Sheds Over 2% After Declaring Lanco Infratech As Fraud Account

  Punjab & Sind Bank Share Price: On Thursday, Punjab & Sind Bank opened on the BSE at Rs 19.90, inching to an intra day high of Rs 20.10, and an intra day low of Rs 19.55, so far

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  Lanco Infratech Shares Gain on Debenture Buzz

  The Hindu Business Line newspaper reported that Lanco Infrastructure has approved a move to issue compulsorily convertible debentures (CCDs) on preferential basis to IDFC Bank.

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  Lanco Infratech Surges on Power Supply to Haryana Discom

  The revenues of Lanco Amarkantak is likely to double to Rs 1,200 crore and its operating profit (EBITDA) is likely to increase by Rs 200 crore for the full year of operation after the start of power supply to Haryana Discom, Lanco Infra said in a release to Bombay Stock Exchange.

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  Lanco Infra Swings into Profit After 3 Years, Shares Soar 20%

  Lanco Infratech shares jumped 20 per cent on Tuesday, a day after the Delhi-based infra developer reported its first profit in three years. Lanco Infra's Q2 consolidated net profit of Rs 99 crore was aided by tax reimbursements and favourable power tariff order, the company said.

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  Lanco Infratech Shares Surge 30% in Two Days

  Shares of Lanco Infratech surged over 10 per cent to Rs 4.15 at its day's high, extending its gains to nearly 30 per cent in two days.

• Lanco Infratech Surges 20% on Power Purchase Pacts

  Lanco Infratech shares surged 20 per cent to hit upper circuit at Rs 3.84 on Monday, after a subsidiary entered into power purchase agreements with Telangana and Andhra Pradesh distribution companies.

• Lanco Infra to Invest up to Rs 6000 Cr in Subsidiaries, Firms

  The firm said through the resolution its Board will be authorised "to invest or acquire the securities of any other body corporate including its subsidiary company(ies) by way of subscription/purchase or otherwise, up to a sum of Rs 6,000 crore".

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  Gas Power Producers Gain on Government's Support Package

  Torrent Power surged as much as 9 per cent to Rs 176.25 while, Lanco Infratech jumped over 4 per cent to Rs 4.75. Shares in GVK Power and Infrastructure also gained over 4 per cent.

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  Adani Power, Lanco Infra Shares Jump on Udupi Plant Deal

  Adani Power will pay Rs 2,000 crore in cash and acquire Rs 4,000 crore worth of debt taking the transaction value to Rs 6,000 crore. Analysts say Lanco will make a profit of Rs 350 crore on its investment. The deal will also help the company bring down its net debt, which stood at Rs 36,000 crore at the end of March this year.

• Coal India, Prime Focus, Hexaware in Focus Today

  The Nifty opened higher today driven by positive sentiments. Foreign investors have been on a buying spree in Indian shares and purchased equities worth Rs 1,291 crore in cash market on Wednesday. Investors say there are high expectation of a reform-oriented budget from Finance Minister Arun Jaitley.

• Lanco Infratech reports Rs 31.6 crore loss in Q4

  During the fourth quarter, it incurred a forex loss of Rs 16.7 crore, according to a company statement.

• Lanco Infra soars 18% as coal unit settles Perdaman litigation

  Shares of Lanco Infratech Ltd today surged 18 per cent in morning trade, after its Australian subsidiary, Griffin Coal, said the protracted litigation for a claim of AUS$3.5 billion initiated by Perdaman Chemicals against it has been settled.

• Lanco Infra, Adani Power gain on coal price pooling reports

  Shares of private sector power producers gained on media reports the Cabinet has given preliminary approval to price coal by averaging prices of domestic and imported coal.

• Lanco Infra shares surge after Australian court verdict

  Diversified group Lanco Infratech today said it has won a ruling from an Australian court that allows its subsidiary Griffin Coal to revise coal supply pact with Bluewaters Power Station. The Supreme Court of Western Australia has rejected the plea from Perdaman Chemicals and Fertilisers Pty Ltd (PCFL) on the issue, according to Lanco.

• Infrastructure stocks hit by port report

  Shares in Adani Ports and Special Economic Zone, Lanco Infratech and Punj Lloyd fall after an Indian business newspaper reported that India's home ministry has barred them from participating in two major port projects because of security concerns.